Nov 8, 2012 4:30pm PST
were weak, falling 1.6%. and the tech sector was down another 1.4%. technology has been particular weak in this recent market sell- off. new product launches from apple and microsoft have not been enough to erase worries about consumer and company spending on technology. the sector exchange traded tells the story-- it fell 1.4% today at a three and a half month low. internet networking gear maker cisco systems was among those leading the way lower. it fell 2.2%. cisco is due to report earnings next week, giving investors a peak into its turnaround effort and corporate tech spending. the holiday sales may be starting earlier than ever this year, but some retailers, they've seen investor sales hit their stock prices. kohl's and coach target different types of shoppers, but both suffered stock drops. coach fell 5.3%. coach's business has been helped by its stores in china. a new set of communist leaders are expected to be announced in china in the coming days. meantime, kohl's fell 5.1%, despite better than expected quarterly results. it's holiday forecast was a little shy of expectations.
Nov 12, 2012 4:30pm PST
interesting. >> a lot of western technology firms build for instance disk drives in thailand. when thai experienced severe flooding those western companies got hit. what is attractive about thailand for long-term investors? >> it's mainly political to begin with. as you know they went through a lot of political turmoil. you had the red shirts, the yellow shirts, fighting on the streets of bangkok and so forth but they have a fufl foundation for political stability which is very good. and also they have a very diversified economy. >> we'll continue talking with mark mobius tomorrow, china's communist party selects a new set of leaders this week. we will talk about how this change in power could impact china's economic relationship with america, and american investors. >> reporter: i'm sylvia hall in washington- still ahead, u.s. borrowers owe more than $1 trillion in student loan debt. so could helping them pay it down be a $1 trillion industry? i'll introduce you to some entrepreneurs who think so. >> susie: besides the fiscal cliff, investors and traders on wall street were talking abo
Nov 13, 2012 4:30pm PST
will be replaced by two women who worked with him. he's the second high-level executive to leave a technology giant in as many weeks. the head of apple's iphone software unit left in a management shake-up late last month. >> susie: want more evidence that a housing recovery is under way? look no further than home depot's latest earnings report. the home improvement chain released positive third quarter earnings, but it's the company's outlook for the future that is getting the most attention. erika miller reports. ( hammering ) >> reporter: you could say home depot "nailed it," reporting bett than expected third quarter earnings. profits rose 23% from a year ago to 74 cents a share. revenues were up nearly 5%. and, remember, the latest results don't even include the sales lift from superstorm sandy. home depot also raised its profit outlook for the year. if housing continues to improve, experts say it's a bullish sign for the rest of the economy. >> now, as we start to see residential investment recovery, that should help other sectors ofhe economy throu demd for building materials, through more de